Latest News for: agricultural development bank

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MSME and agriculture make up 94% of FDB’s portfolio

FBC News 04 Feb 2023
... agriculture now account for 94% of the Fiji Development Bank’s portfolio.
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AfDB Group, Government of Canada announce funding facility to grow SMEs

Joy Online 03 Feb 2023
Beth Dunford, the Bank’s Vice President for Agriculture, Human and Social Development, there is a strong commitment to addressing the financing gap for SMEs and creating an environment that encourages private sector investments in climate-smart, gender-oriented agricultural solutions.
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AfDB Approves $50m, €50m Trade Finance Credit Line for ECOWAS Bank

This Day 02 Feb 2023
“At the Africa Food Summit, we have seen a strong commitment to addressing the financing gap for SMEs and creating an environment that encourages private sector investments in climate-smart, gender-oriented agricultural solutions,” the bank’s Vice President for Agriculture, Human and Social Development, Dr.
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94 percent of FDB’s portfolio in MSME and agriculture

FBC News 02 Feb 2023
... now account for 94 percent of the Fiji Development Bank’s portfolio.
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Egyptian fintech company MNT-Halan secures $400 million in new funding

Egypt Commercial News 02 Feb 2023
In addition to CIB, participating regional and local financial institutions included Abu Dhabi Commercial Bank, Al Ahli Bank of Kuwait, Al Baraka Bank, Arab Africa International Bank, Agricultural Bank of Egypt, ABC Bank, NI Capital, National Bank of Egypt and the Housing and Development Bank.
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Divestment divorce: DBJ and MOAF part ways on assets disposal

Jamaica Observer 01 Feb 2023
The Ministry of Agriculture and Fisheries (MOAF) has parted ways with the divestment unit of the Development Bank of Jamaica (DBJ), the Government agency which has overseen some of the largest sales of government assets in the ministry's portfolio and is now trying on its own to sell assets once owned by its commodity boards.
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Coop sector says next level of growth will be facilitated; rues \u2018insufficient\u2019 farm subsidies

Indian Express 01 Feb 2023
She also announced a digital public infrastructure for agriculture to provide inclusive, farmer-centric solutions ... Farmers co-operative banks also welcomed the FM\u2019s proposal to double the limit of cash transactions without TDS to Rs 2 lakh PACS and Primary Cooperative Agriculture and Rural Development Banks.
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India will have world’s largest decentralised storage capacity: Amit Shah

Business Line 01 Feb 2023
... per member for cash deposits and loans in cash by Primary Agricultural Co-operative Societies (PACS) and Primary Co-operative Agriculture and Rural Development Banks (PCARDBs).
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Union Budget 2023: Read Nirmala Sitharaman's full speech here

Hindustan Times 01 Feb 2023
Penalty for cash loan/transactions against primary co-operatives It is proposed to amend section 269SS of the Act to provide that where a deposit is accepted by a primary agricultural credit society or a primary co-operative agricultural and rural development bank from its member ...
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Union Budget 2023-24 presents vision for Amrit Kaal, proposes changes income tax slabs, steep hike ...

Beijing News 01 Feb 2023
... financial inclusion, skill development, and basic infrastructure ... A higher limit of Rs 2 lakh per member has been provided for cash deposits to and loans in cash by Primary Agricultural Cooperative Societies and Primary Cooperative Agriculture and Rural Development Banks.
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Budget 2023: From MSMEs, professionals to new co-operatives, 5 key changes in tax structure

Live Mint 01 Feb 2023
Cash deposits.Also, the FM has announced to provide a higher limit of ₹2 lakh per member for cash deposits to and loans in cash by Primary Agricultural Co-operative Societies (PACS) and Primary Co-operative Agriculture and Rural Development Banks (PCARDBs).Similarly, she said, a ...
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MNT-Halan Attracts $400 Million in Largest Funding in Egypt and the Middle East in the ...

The Galveston Daily News 01 Feb 2023
In addition to CIB, participating regional and local financial institutions included Abu Dhabi Commercial Bank, Al Ahli Bank of Kuwait, Al Baraka Bank, Arab Africa International Bank, Agricultural Bank of Egypt, ABC Bank, NI Capital, National Bank of Egypt and the Housing and Development Bank.
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Development partners to commit $30bn to boost food production in Africa: Dakar 2 Summit

Egypt Commercial News 31 Jan 2023
The second Africa food summit in Senegal ended with development partners agreeing to commit $30bn to back the continent’s resolve to boost agricultural productivity and become a breadbasket for the world. Among the development, partners are the African Development Bank which ...
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Boosting Agric Exports for Increased Revenue Generation

This Day 31 Jan 2023
Only recently, the African Development Bank (AfDB) stated that with the removal of barriers to agricultural development aided by new investments, Africa’s agricultural output could increase from $280 billion per year to $1 trillion by 2030 this goes to show that the sector’s ...
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NABARD Employees Plans Dharna Before Parliament to Press for Wage Related Issues on Tue

Zeenews 31 Jan 2023
National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body for overall regulation of regional rural banks and cooperative banks in India ... .

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